Latest news and articles about exchanges
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A sudden Bitcoin sell-off in early February triggered a cascade of forced liquidations, with a NetEase post reporting over 580,000 wiped‑out positions in 24 hours and other counts near 186,400 when BTC slipped below $70,000. The episode underlines how heavy leverage and thin liquidity can amplify corrections and will likely spur calls for tougher risk controls across the crypto ecosystem.
